3608 Ivy Way
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by Prime Mountain Properties | $575,000 | |
| Listed by Prime Mountain Properties | |||
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This Newly Updated 2 bedroom, 2 bath cabin with a 2nd level game room is the perfect place for you or your guests to enjoy the splendor of the Smoky Mountains. Nestled away in the woods and situated on a level lot, this spacious cabin is conveniently located with easy access to Gatlinburg, Pigeon Forge, and Sevierville. No steep roads, plenty of parking, privacy, and turnkey condition! The large front porch welcomes you as you enter the family room showcasing a lovely stack stone gas fireplace. Gleaming new floors lead you to an updated kitchen and hand-made dining table for family meals or playing board games. This cabin also boasts 2 spacious King bedrooms (one bedroom on main floor and one bedroom upstairs), a corner whirlpool tub, and 2 bathrooms with walk-in tile showers. No detail was overlooked the custom-made nightstands are designed with charging ports/outlet located in the front for convenience. There is plenty of outdoor space with a large, fenced side yard for family gatherings, playing games, or enjoying a nice evening around the firepit. Relax in the hot tub on the screened porch after a long day of hiking or adventures or rock your cares away in the front porch rocking chairs. This cabin has it all! So many updates that a list is provided with the Disclosures. Some of the NEW updates: LVT Flooring, Carpeting, Stainless Steel Appliances, Granite Countertops, Plumbing Fixtures, Fireplace Safety Screen and Gas Logs, Gutters, Front Porch Steps, Courtyard Fence / Newly Stained, Pool Table and accessories, Tabletop Video Arcade (60 games), Artwork, Cabin Signs and Directional Signs, Granite Bathroom Counters, Light Fixtures, Furniture and Accessories - Some Furniture handmade by the Current Owner, Fire pit / Adirondack Chairs / Courtyard newly graveled over geotextile fabric, Driveway to cabin newly graveled.
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| Nov 16, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by eXp Realty | $319,900 | |
| Listed by eXp Realty | |||
| Jul 17, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017